Ready for DAKAR RALLY ✔️ #borgwardrallyteam #dakar2020 #bfgoodrich #kroonoil #weverssports @dakarrally | @borgward_group_ag | @borgwardrallyteam | Patrick | @bfgoodricheurope | @kroonoil | bomcar | @visitleiria | @manuelporem

Whoaaaa nelly the flow did not like what the Beige Book said.

Holy shit, this is going to get ugly

Only way it avoids a 9 count sell signal now is if we lose our ass here and the candle closes under 685.20. I have found DeMark 9 count signals (both buy and sell) to be very accurate the past month or so on the hourly.

Here they come, right on schedule

The GEX disparity between the bearish looking SPX and SPY which has been eroding bearish GEX and building bullish GEX tells me one thing. Institutional traders got retail bulled up in order to dump their bags on them.

The 15m now has a potential to kick out a DeMark 9 count sell at the same time this hourly candle closes with a 9 count. Add in the stochastic and RSI lining up across all timeframes from 5m to 1H all pointing to potential rollover from highs, I'm starting to see a confluence of

Aussies didn’t get the memo that Asia Pacific is ripping today.

Asia looks like it was nothing more than a dead cat bounce.

SPY touched 687.50 overnight, though it isn’t my base case that we go there before continuing down retest support at 680 and 675, there is a possibility we could see up there once more today.

With the exception of of continuing claims creeping up, this morning’s numbers are telling me that we are going to get a bullshit red hot NFP tomorrow. With all the concern over oil prices due to the Iran War my guess is inflation is back in the menu, which means the market will

Un-fucking-real. Every pop has large put orders opened. Like I said, any rally tomorrow is likely a dead cat

All the furus right now. "We are so back, look at that green candle." Don't make me tap the sign.

We could not close above the 100DMA today which runs the risk of yesterday being a false all clear. This is exactly the type of price action it did 2/2525 - 03/03/2025 before decisively breaking it. The decisive break was on a Monday, would be really interesting if the same thing

Possible Tweezer Top setting up in the 30m. You all know how I love my Tweezer patterns.

SPY Net GEX for Monday is -535.4MLN. -173.6MLN of that is the put wall......at $657

FUCK!

Even better, a potential Tweezer Top is setting up on the hourly. If flows don't improve I may scalp some puts this afternoon.

However, another possibility is an ascending triangle which will lead to an upside move. This is why I said I need to see if flows improve or not for a put scalp. I never ever rely on a single pattern or point for a trade, even lottos.